Envestnet, Inc., together with its subsidiaries, provides financial and wealth management software and services in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee business segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, and sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides a portfolio of accounting, rebalancing, trading, performance reporting, and client relationship management software, primarily to high-end registered investment advisers; Envestnet | Retirement Solutions, which offers a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provides research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company serves banks, wealth management and brokerage firms, Internet services companies, and other financial institutions. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorBusiness Services
SymbolNYSE:ENV
CUSIP29404K10
Phone312-827-2800
Debt
Debt-to-Equity Ratio0.90
Current Ratio1.41
Quick Ratio1.41
Price-To-Earnings
Trailing P/E Ratio67.56
Forward P/E Ratio47.24
P/E Growth3.32
Sales & Book Value
Annual Sales$683.68 million
Price / Sales3.92
Cash Flow$2.3658 per share
Price / Cash24.96
Book Value$9.86 per share
Price / Book5.99
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-3,280,000.00
Net Margins2.50%
Return on Equity10.75%
Return on Assets4.89%
Miscellaneous
Employees3,516
Outstanding Shares45,380,000
Market Cap$2.68 billion
Envestnet (NYSE:ENV) Frequently Asked Questions
What is Envestnet's stock symbol?
Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."
How were Envestnet's earnings last quarter?
Envestnet Inc (NYSE:ENV) issued its earnings results on Tuesday, August, 7th. The business services provider reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.04. The business services provider had revenue of $201.12 million for the quarter, compared to analysts' expectations of $199.52 million. Envestnet had a net margin of 2.50% and a return on equity of 10.75%. View Envestnet's Earnings History.
When is Envestnet's next earnings date?
What guidance has Envestnet issued on next quarter's earnings?
Envestnet issued an update on its FY18 earnings guidance on Tuesday, August, 7th. The company provided earnings per share (EPS) guidance of $1.85-1.89 for the period, compared to the Thomson Reuters consensus estimate of $1.81. The company issued revenue guidance of $812-818 million, compared to the consensus revenue estimate of $817.59 million.Envestnet also updated its Q3 guidance to approx $0.50 EPS.
What price target have analysts set for ENV?
8 brokers have issued 1-year price targets for Envestnet's stock. Their predictions range from $48.00 to $70.00. On average, they anticipate Envestnet's share price to reach $60.1250 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Envestnet.
What is the consensus analysts' recommendation for Envestnet?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Envestnet.
Who are some of Envestnet's key competitors?
Some companies that are related to Envestnet include CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), The Western Union (WU), CDK Global (CDK), WEX (WEX), Nielsen (NLSN), Fair Isaac (FICO), athenahealth (ATHN), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), Conduent (CNDT), Cotiviti (COTV) and Ritchie Bros. Auctioneers (RBA).
Who are Envestnet's key executives?
Envestnet's management team includes the folowing people:
- Mr. Judson Taft Bergman, Chairman & CEO (Age 61)
- Mr. William C. Crager, Pres (Age 54)
- Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 50)
- Mr. Scott David Grinis, Chief Technology Officer (Age 56)
- Mr. Anil Arora, Vice Chairman & Chief Exec. of Envestnet | Yodlee (Age 57)
Has Envestnet been receiving favorable news coverage?
Media headlines about ENV stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Envestnet earned a news impact score of 0.21 on Accern's scale. They also assigned news stories about the business services provider an impact score of 46.69 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Envestnet.
Who are Envestnet's major shareholders?
Envestnet's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (8.08%), Janus Henderson Group PLC (7.91%), BlackRock Inc. (6.97%), Wasatch Advisors Inc. (5.51%), Van Berkom & Associates Inc. (2.87%) and DF Dent & Co. Inc. (2.48%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.
Which institutional investors are selling Envestnet stock?
ENV stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Stephens Investment Management Group LLC, PNC Financial Services Group Inc., Schwab Charles Investment Management Inc., DF Dent & Co. Inc., ClariVest Asset Management LLC, BNP Paribas Arbitrage SA and Ashford Capital Management Inc.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.
Which institutional investors are buying Envestnet stock?
ENV stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., BlackRock Inc., Wells Fargo & Company MN, Voya Investment Management LLC, Fiera Capital Corp, King Luther Capital Management Corp, Tygh Capital Management Inc. and Impax Asset Management LLC. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.
How do I buy shares of Envestnet?
Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Envestnet's stock price today?
One share of ENV stock can currently be purchased for approximately $59.05.
How big of a company is Envestnet?
Envestnet has a market capitalization of $2.68 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.
How can I contact Envestnet?
Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]
MarketBeat Community Rating for Envestnet (NYSE ENV)
MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.
